BAIC Motor (OTCMKTS:BCCMY) Shares Down 3.8% – Should You Sell?

Shares of BAIC Motor Co. Limited (OTCMKTS:BCCMYGet Free Report) traded down 3.8% on Thursday . The stock traded as low as $2.50 and last traded at $2.50. 302 shares were traded during mid-day trading, a decline of 71% from the average session volume of 1,047 shares. The stock had previously closed at $2.60.

BAIC Motor Trading Down 3.8%

The firm has a 50-day simple moving average of $2.46 and a 200 day simple moving average of $2.59.

BAIC Motor Company Profile

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BAIC Motor Corporation Limited is a Chinese automotive manufacturer headquartered in Beijing. A subsidiary of Beijing Automotive Industry Holding Co, Ltd., the company focuses on the research, development, production and sales of passenger vehicles and automotive components.

BAIC Motor’s product portfolio includes sedans, SUVs and new energy vehicles (NEVs) marketed under its proprietary brands such as Beijing (formerly Senova) and Arcfox, the latter dedicated to premium electric models.

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